Vault-13

ISHARES TR FLOT

FLTG RATE NT ETF · ETP · CUSIP 46429B655

679 institutional holders +17 vs Q1 2025
106,444,086106.4m shares reported held*
$5.4bnreported value*
60 new 237 added 273 reduced 46 sold out net sold ≈ $55.0m (-39.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.16.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 671Q4 22: 683Q1 23: 640Q2 23: 615Q3 23: 610Q4 23: 629Q1 24: 603Q2 24: 625Q3 24: 606Q4 24: 659Q1 25: 662Q2 25: 679679Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022671
Q4 2022683
Q1 2023640
Q2 2023615
Q3 2023610
Q4 2023629
Q1 2024603
Q2 2024625
Q3 2024606
Q4 2024659
Q1 2025662
Q2 2025679

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 249 bought or addedQ3 23: 310 cut or sold outQ4 23: 240 bought or addedQ4 23: 331 cut or sold outQ4 23Q1 24: 269 bought or addedQ1 24: 305 cut or sold outQ2 24: 313 bought or addedQ2 24: 246 cut or sold outQ2 24Q3 24: 249 bought or addedQ3 24: 318 cut or sold outQ4 24: 290 bought or addedQ4 24: 262 cut or sold outQ4 24Q1 25: 379 bought or addedQ1 25: 240 cut or sold outQ2 25: 297 bought or addedQ2 25: 319 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023249310
Q4 2023240331
Q1 2024269305
Q2 2024313246
Q3 2024249318
Q4 2024290262
Q1 2025379240
Q2 2025297319

Biggest buyers

ROYAL BANK OF CANADA Added +1,570,101+1.6m
Quadrature Capital Ltd Added +650,127+650.1k
WNY Asset Management, LLC Added +410,612+410.6k
TRUSTMARK BANK TRUST DEPARTMENT Added +404,368+404.4k
LPL Financial LLC Added +340,079+340.1k
FRANKLIN RESOURCES INC Added +313,769+313.8k
MORGAN STANLEY Added +238,064+238.1k
MCMORGAN & CO LLC Added +203,652+203.7k
NATIONAL BANK OF CANADA /FI/ Added +188,470+188.5k
Rockefeller Capital Management L.P. Added +156,899+156.9k

Biggest sellers

Demars Financial Group, LLC Reduced -38,711,405-38.7m
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -851,628-851.6k
TRUE Private Wealth Advisors Reduced -823,167-823.2k
RENAISSANCE TECHNOLOGIES LLC Reduced -805,915-805.9k
New York Life Investment Management LLC Reduced -463,768-463.8k
SEI INVESTMENTS CO Sold out -382,699-382.7k
CITADEL ADVISORS LLC Sold out -309,140-309.1k
Proficio Capital Partners LLC Sold out -279,383-279.4k
BlackRock, Inc. Reduced -264,944-264.9k
Atria Wealth Solutions, Inc. Reduced -259,311-259.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 8,799,6138.8m $449.0m $449.0m 0.04% Reduced -63.8k -63,766
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,684,9735.7m $290.0m $290.0m 0.02% Added +238.1k +238,064
3 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 4,612,9544.6m $235.4m $235.4m 0.03% Added +82.5k +82,453
4 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 4,605,2284.6m $235.0m $235.0m 0.08% Added +340.1k +340,079
5 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,921,8963.9m $200.1m $200.1m 0.02% Added +1.6m +1,570,101
6 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 3,209,0963.2m $163.7m $163.7m 0.04% Added +313.8k +313,769
7 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 3,076,2603.1m $157.0m $157.0m 0.03% Added +17.0k +16,957
8 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,742,5132.7m $139.9m $139.9m 0.00% Reduced -264.9k -264,944
9 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,742,2162.7m $139.3m $139.3m 0.03% Added +130.2k +130,241
10 Glenview Trust Co 2.34% of their portfolio Louisville, KY 2,655,0672.7m $135.5m $135.5m 2.34% Added +125.6k +125,640
11 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,508,7972.5m $128.0m $128.0m 0.03% Reduced -184.0k -184,041
12 New York Life Investment Management LLC 1.18% of their portfolio New York, NY 2,470,7052.5m $126.1m $126.1m 1.18% Reduced -463.8k -463,768
13 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,959,4102.0m $99.8m $99.8m 0.03% Reduced -229.0k -229,022
14 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 1,892,8091.9m $96.6m $96.6m 0.06% Reduced -88.6k -88,599
15 ASSETMARK, INC 0.22% of their portfolio CONCORD, CA 1,827,8371.8m $93.3m $93.3m 0.22% Reduced -188.9k -188,895
16 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,474,5591.5m $75.2m $75.2m 0.01% Added +108.1k +108,053
17 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 1,378,3851.4m $70.3m $70.3m 0.09% Reduced -805.9k -805,915
18 DAVENPORT & Co LLC 0.38% of their portfolio RICHMOND, VA 1,356,7211.4m $69.2m $69.2m 0.38% Added +26.4k +26,359
19 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 1,221,1441.2m $62.3m $62.3m 0.11% Added +64.3k +64,323
20 FLPUTNAM INVESTMENT MANAGEMENT CO 1.06% of their portfolio PORTLAND, ME 1,215,3661.2m $62.0m $62.0m 1.06% Added +32.4k +32,378
21 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,124,3391.1m $57.4m $57.4m 0.02% Added +135.5k +135,488
22 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 1,054,3001.1m $53.8m $53.8m 0.08% Reduced -56.2k -56,208
23 Haverford Trust Co 0.43% of their portfolio Radnor, PA 888,666888.7k $45.3m $45.3m 0.43% Reduced -86.0k -86,050
24 HARTLINE INVESTMENT CORP/ 4.91% of their portfolio WINNETKA, IL 848,010848.0k $43.3m $43.3m 4.91% Reduced -92.5k -92,524
25 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 841,342841.3k $42.9m $42.9m 0.08% Added +146.0k +145,983
26 Verdence Capital Advisors LLC 2.92% of their portfolio HUNT VALLEY, MD 839,303839.3k $42.8m $42.8m 2.92% Added +77.4k +77,446
27 BARINGS LLC 0.93% of their portfolio CHARLOTTE, NC 780,000780.0k $39.8m $39.8m 0.93% Unchanged
28 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 773,580773.6k $39.5m $39.5m 0.07% Added +25.1k +25,085
29 Demars Financial Group, LLC 14.97% of their portfolio SPOKANE VALLEY, WA 764,071764.1k $39.0m $39.0m 14.97% Reduced -38.7m -38,711,405
30 TRUSTMARK BANK TRUST DEPARTMENT 2.36% of their portfolio JACKSON, MS 668,097668.1k $34.1m $34.1m 2.36% Added +404.4k +404,368
31 Quadrature Capital Ltd 0.57% of their portfolio LONDON, X0 654,191654.2k $33.4m $33.4m 0.57% Added +650.1k +650,127
32 NorthCoast Asset Management LLC 0.14% of their portfolio STAMFORD, CT 626,276626.3k $32.0m $32.0m 0.14% Added +3.0k +2,987
33 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 582,622582.6k $29.7m $29.7m 0.04% Reduced -22.5k -22,510
34 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 556,444556.4k $28.4m $28.4m 0.08% Reduced -147.5k -147,462
35 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 522,976523.0k $26.7m $26.7m 0.08% Reduced -80.4k -80,437
36 Destination Wealth Management 0.77% of their portfolio Walnut Creek, CA 514,361514.4k $26.2m $26.2m 0.77% Added +16.1k +16,110
37 WNY Asset Management, LLC 2.84% of their portfolio Williamsville, NY 504,956505.0k $25.8m $25.8m 2.84% Added +410.6k +410,612
38 Towercrest Capital Management 4.60% of their portfolio NEWTOWN, PA 504,762504.8k $25.8m $25.8m 4.60% Reduced -23.5k -23,454
39 Occidental Asset Management, LLC 3.53% of their portfolio Burlingame, CA 501,737501.7k $25.6m $25.6m 3.53% Reduced -45.8k -45,803
40 Diversified Portfolios, Inc. 2.44% of their portfolio Bloomfield Hills, MI 500,985501.0k $25.6m $25.6m 2.44% Reduced -235.4k -235,413
41 RMG Wealth Management LLC 3.73% of their portfolio PLATTEVILLE, WI 475,573475.6k $24.3m $24.3m 3.73% First filing
42 MCMORGAN & CO LLC 3.54% of their portfolio SAN FRANCISCO, CA 470,409470.4k $24.0m $24.0m 3.54% Added +203.7k +203,652
43 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 467,331467.3k $23.8m $23.8m 0.03% Added +188.5k +188,470
44 Willis Johnson & Associates, Inc. 1.60% of their portfolio Houston, TX 460,717460.7k $23.5m $23.5m 1.60% Added +8.7k +8,671
45 CAPE COD FIVE CENTS SAVINGS BANK 2.02% of their portfolio HYANNIS, MA 432,756432.8k $22.1m $22.1m 2.02% Unchanged
46 Modera Wealth Management, LLC 0.27% of their portfolio WESTWOOD, NJ 429,690429.7k $21.9m $21.9m 0.27% Reduced -23.2k -23,174
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 423,777423.8k $21.6m $21.6m 0.00% Reduced -27.7k -27,669
48 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 405,533405.5k $20.7m $20.7m 0.03% Added +26.5k +26,451
49 Florida Trust Wealth Management Co 0.62% of their portfolio SANIBEL, FL 397,908397.9k $20.3m $20.3m 0.62% Reduced -25.1k -25,130
50 Baker Avenue Asset Management, LP 0.57% of their portfolio SAN FRANCISCO, CA 391,722391.7k $20.0m $20.0m 0.57% Added +13.6k +13,615
51 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 377,295377.3k $19.2m $19.2m 0.02% Reduced -13.0k -13,037
52 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 377,052377.1k $19.2m $19.2m 0.04% Reduced -44.9k -44,932
53 COMERICA BANK 0.07% of their portfolio DALLAS, TX 370,096370.1k $18.9m $18.9m 0.07% Added +4.3k +4,303
54 LJI Wealth Management, LLC 3.23% of their portfolio INDIANAPOLIS, IN 363,351363.4k $18.5m $18.5m 3.23% Added +12.8k +12,751
55 OneDigital Investment Advisors LLC 0.20% of their portfolio OVERLAND PARK, KS 347,073347.1k $17.7m $17.7m 0.20% Reduced -107.7k -107,727
56 LaFleur & Godfrey LLC 2.21% of their portfolio GRAND RAPIDS, MI 346,876346.9k $17.7m $17.7m 2.21% Added +16.9k +16,890
57 Sigma Planning Corp 0.53% of their portfolio ANN ARBOR, MI 344,972345.0k $17.6m $17.6m 0.53% Reduced -6.5k -6,459
58 CWM, LLC 0.06% of their portfolio OMAHA, NE 343,039343.0k $17.5m $17.5m 0.06% Added +2.8k +2,826
59 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 341,412341.4k $17.4m $17.4m 0.02% Added +27.2k +27,196
60 GUGGENHEIM CAPITAL LLC 0.13% of their portfolio CHICAGO, IL 315,947315.9k $16.1m $16.1m 0.13% Added +16.8k +16,839
61 Mariner, LLC 0.02% of their portfolio Overland Park, KS 303,840303.8k $15.5m $15.5m 0.02% Reduced -40.7k -40,651
62 Colonial Trust Advisors 1.27% of their portfolio SPARTANBURG, SC 301,320301.3k $15.4m $15.4m 1.27% Added +14.3k +14,306
63 Kensington Asset Management, LLC 1.13% of their portfolio AUSTIN, TX 293,483293.5k $15.0m $15.0m 1.13% Added +135.0k +135,036
64 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 292,968293.0k $14.9m $14.9m 0.02% Added +156.9k +156,899
65 RFG Advisory, LLC 0.33% of their portfolio BIRMINGHAM, AL 277,120277.1k $14.1m $14.1m 0.33% Reduced -53.9k -53,853
66 Atria Wealth Solutions, Inc. 0.31% of their portfolio NEW YORK, NY 265,710265.7k $13.6m $13.6m 0.31% Reduced -259.3k -259,311
67 Mutual Advisors, LLC 0.33% of their portfolio OMAHA, NE 262,224262.2k $13.4m $13.4m 0.33% Added +31.8k +31,800
68 Rezny Wealth Management, Inc. 2.97% of their portfolio Fort Myers, FL 258,276258.3k $13.2m $13.2m 2.97% Reduced -7.2k -7,189
69 Semmax Financial Advisors Inc. 3.34% of their portfolio Winston Salem, NC 254,493254.5k $13.0m $13.0m 3.34% Added +8.6k +8,617
70 Capital Market Strategies LLC 9.03% of their portfolio PALM BEACH GARDENS, FL 254,422254.4k $13.0m $13.0m 9.03% Reduced -29.2k -29,219
71 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 248,416248.4k $12.7m $12.7m 0.10% Added +10.6k +10,627
72 Avior Wealth Management, LLC 0.43% of their portfolio OMAHA, NE 242,992243.0k $12.4m $12.4m 0.43% Reduced -66.0k -65,985
73 Integrated Wealth Concepts LLC 0.12% of their portfolio WALTHAM, MA 239,094239.1k $12.2m $12.2m 0.12% Reduced -42.0k -42,020
74 Betterment LLC 0.03% of their portfolio NEW YORK, NY 231,854231.9k $11.8m $11.8m 0.03% Reduced -13.3k -13,252
75 Ifrah Financial Services, Inc. 3.17% of their portfolio Little Rock, AR 227,282227.3k $11.6m $11.6m 3.17% Reduced -170 -170
76 FINANCIAL ADVISORY PARTNERS, LLC 3.64% of their portfolio WINTER PARK, FL 227,156227.2k $11.6m $11.6m 3.64% Added +89.4k +89,410
77 Alliance Wealth Management Group 2.95% of their portfolio FLEMINGTON, NJ 226,944226.9k $11.6m $11.6m 2.95% Reduced -13.8k -13,840
78 Buska Wealth Management, LLC 3.02% of their portfolio WAUSAU, WI 216,341216.3k $11.0m $11.0m 3.02% Added +39.2k +39,240
79 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 205,374205.4k $10.5m $10.5m 0.02% Reduced -27.0k -26,951
80 Sierra Capital LLC 1.20% of their portfolio MIAMI, FL 203,962204.0k $10.4m $10.4m 1.20% Added +14.1k +14,145
81 Cascade Wealth Advisors, Inc 5.62% of their portfolio WENATCHEE, WA 195,318195.3k $10.0m $10.0m 5.62% Reduced -63.0k -62,951
82 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.08% of their portfolio IRVING, TX 193,690193.7k $9.9m $9.9m 0.08% Reduced -61.7k -61,716
83 SCOTIA CAPITAL INC. 0.05% of their portfolio TORONTO, A6 192,857192.9k $9.8m $9.8m 0.05% Reduced -15.6k -15,595
84 MOULTON WEALTH MANAGEMENT, INC 7.41% of their portfolio SPOKANE, WA 192,592192.6k $9.8m $9.8m 7.41% Reduced -21.1k -21,134
85 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 187,981188.0k $9.6m $9.6m 0.05% Added +16.6k +16,622
86 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 187,510187.5k $9.6m $9.6m 0.05% Added +70.6k +70,589
87 CARY STREET PARTNERS FINANCIAL LLC 0.27% of their portfolio RICHMOND, VA 186,863186.9k $9.5m $9.5m 0.27% Reduced -25.5k -25,517
88 CreativeOne Wealth, LLC 0.25% of their portfolio OVERLAND PARK, KS 184,507184.5k $9.4m $9.4m 0.25% Added +9.7k +9,743
89 Clarus Wealth Advisors 4.33% of their portfolio PEORIA, AZ 183,834183.8k $9.4m $9.4m 4.33% Reduced -2.1k -2,112
90 Apollon Wealth Management, LLC 0.18% of their portfolio MOUNT PLEASANT, SC 179,327179.3k $9.1m $9.1m 0.18% Added +1.7k +1,742
91 PARSONS CAPITAL MANAGEMENT INC/RI 0.56% of their portfolio PROVIDENCE, RI 177,234177.2k $9.0m $9.0m 0.56% Added +6.0k +6,026
92 Piedmont Capital Management, LLC 4.98% of their portfolio WHITEFISH, MT 168,878168.9k $8.6m $8.6m 4.98% Added +4.0k +3,959
93 JAMES INVESTMENT RESEARCH, INC. 1.02% of their portfolio ALPHA, OH 167,700167.7k $8.6m $8.6m 1.02% Added +7.3k +7,323
94 HOGE FINANCIAL SERVICES, LLC 5.33% of their portfolio CANONSBURG, PA 167,485167.5k $8.6m $8.6m 5.33% Added +7.8k +7,799
95 Windsor Capital Management, LLC 2.49% of their portfolio Phoenix, AZ 167,264167.3k $8.5m $8.5m 2.49% Reduced -835 -835
96 Prime Capital Investment Advisors, LLC 0.11% of their portfolio OVERLAND PARK, KS 164,134164.1k $8.4m $8.4m 0.11% Reduced -67.4k -67,435
97 Chesley Taft & Associates LLC 0.37% of their portfolio CHICAGO, IL 162,235162.2k $8.3m $8.3m 0.37% Added +7.7k +7,700
98 Perennial Advisors, LLC 1.53% of their portfolio NEW YORK, NY 160,979161.0k $8.2m $8.2m 1.53% Reduced -2.2k -2,221
99 Castle Rock Wealth Management, LLC 1.90% of their portfolio WALNUT CREEK, CA 159,273159.3k $8.1m $8.1m 1.90% Reduced -11.9k -11,855
100 Ashton Thomas Private Wealth, LLC 0.28% of their portfolio SCOTTSDALE, AZ 158,066158.1k $8.1m $8.1m 0.28% Reduced -8.4k -8,441